Accommodation provider Eureka has bought three retirement villages from not-for-profit operator Blue Care in a $6 million deal.
The three facilities are the 20-unit Townsville Christine Court village, the Southport Pioneer Place village on the Gold Coast with 35 units and, in Brisbane, the Margate Maiala Place village with 44 units.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com